- Press Release -

Rockville, Md. The global rock sport protection products market is set to reach nearly US$ 115 Mn by 2022 on sluggish growth, according to Fact.MR. As adventure sports and tourism gain popularity with health-conscious, urban consumers, demand for gear that guards against falls and sudden impacts in activities like rock climbing and hiking is rising steadily.

Climbing shoes lead the product mix, individual buyers are the largest buyer type, and Asia Pacific excluding Japan is the largest region. Franchised sports outlets are gaining share.

Products, Buyers and Channels

Climbing shoes are the leading product at nearly US$ 35 Mn by 2022 and about a third of revenue. By buyer type, individual buyers dominate at nearly US$ 83 Mn by 2022, with Asia Pacific excluding Japan the largest contributor. On distribution, franchised sports outlets hold about a fifth of revenue in 2017 and gain share over the period.

Asia Pacific excluding Japan leads the market, with China growing from US$ 11 Mn in 2017 to US$ 13 Mn by 2022 at a 3.2% CAGR.

Adventure Sports Drive Demand

The market runs on the appeal of the outdoors. Growing participation in adventure sports, reinforced by some sporting authorities mandating protective equipment, keeps demand climbing, while the sale of inferior and counterfeit products holds back faster growth.

Suppliers and Their Playbook

The field brings together sporting goods and protective equipment makers.

• Decathlon S.A., Dick's Sporting Goods, Inc., Bauerfeind AG, Shock Doctor Inc., Mueller Sports Medicine, Inc., Vista Outdoor Inc., McDavid Inc, Amer Sports Corporation, Under Armour, Inc., and NIKE, Inc. are among the key players in the report.

Reading the Market for Decisions

For makers, growth favours climbing shoes and genuine, certified protective gear. Investors get a small, niche market with steady demand. Procurement and retail teams can plan around individual buyers carrying volume, franchised outlets gaining share, and Asia Pacific offering the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global rock sport protection products market for the 2017 to 2022 forecast period, with segmentation by product type, buyer type, sales channel and region. It sizes each segment, maps the competitive field, and weighs the demand forces shaping the market. Further detail is available in the rock sport protection products market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.